1614 Logan AveWaterlooIA50703
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Waterloo at 1614 Logan Ave, Waterloo, IA, 50703 earns $138/mo cash flow from $1,002/mo rent with a $651/mo payment. Total monthly income totals $1,002/mo, and annual cash flow totals $1,659/yr on $44,073 capital. ROI tracks 23.67% on current figures, and rental yield reads 9.04% at a $132,950 purchase. Equity gained on principal adds $858/yr, and 5% annual appreciation supports $36,732 over five years. Five-year ROI reaches 123.52% and total cumulative return in cash sums $54,437. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,002/mo property income instead of your personal income.
Single Family
Built in 1944
6,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50703, Waterloo, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,698 (100%) |
| Owner Occupied HU | 4,318 (49.6%) |
| Renter Occupied HU | 3,403 (39.1%) |
| Vacant Housing Units | 977 (11.2%) |
| Median Home Value | $107,489 |
| Average Home Value | $151,991 |
Housing Distribution
Address Breakdown
Residential
8,057
Single Family
7,161
Multi-Family
896
Businesses
581
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